Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market

Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market: Global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Share to surpass $547.6 million by 2022

Zion Market Research has published a new report titled “Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market by Test Type (Sandwich ELISA, Indirect ELISA, Multiple and portable ELISA and Competitive (ELISA) for Immunology, Inflammation, Infectious Diseases, Cancer, Protein Quantification and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022”. According to the report, global Enzyme-Linked Immunosorbent Assay (ELISA) Testing Market was valued at approximately USD 437.6 million in 2016 and is expected to generate revenue of around USD 547.6 million by end of 2022, growing at a CAGR of around 4.6% between 2017 and 2022.

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Enzyme-linked immunosrbent assay (ELISA) is a test that detects and/or quantifies antibodies in the biological samples. This test can be used to determine if the sample has antibodies related or generated against specific antigen related to the certain infectious condition. Antibodies are proteins that are produced against foreign pathogen as an immunogenic response to harmful substances called pathogen. ELISA is a biochemical reaction in which antigen is adsorbed on a solid surface. An antibody linked to an enzyme is allowed with the antigen and is detected by adding a substrate specific to the linked enzyme. ELISA test plays very important role in the diagnosis of viral infections such as HIV, varicella-zoster virus, which causes chickenpox and shingles, rotavirus, Zika virus, syphilis etc. ELISA is often used as a screening tool before more in-depth tests are carried out. ELISA also can be used in pharmaceutical quality control tests such as endotoxin tests, protein quantification.   

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Global Enzyme-Linked Immunosorbent Assay (ELISA) testing market is primarily driven by the emergence of cost-effective technologies and laboratory automation for ELISA assay. Other major driving factors are increasing research and development on biomarkers and monoclonal antibodies (MAbs) coupled along with continued growth in drug discovery market. However, the threat of substitution by new technologies such as multiplex proteomic array platforms is the major restraints that may limit the growth of the market. Nonetheless increasing the need for accurate and early disease diagnosis owing to increasing burden of chronic diseases across the globe along with increasing geriatric population base are likely to disclose the new avenues for Enzyme-Linked Immunosorbent Assay (ELISA) testing market in the near future.

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The Enzyme-Linked Immunosorbent Assay (ELISA) testing market is segmented on the basis of different test types such as sandwich ELISA, indirect ELISA, multiple and portable ELISA and competitive ELISA. Indirect ELISA segment is expected to grow at fastest rate in the global market over the forecast period.
Immunology, inflammation, infectious diseases, cancer, protein quantification and other are the key applications of the global ELISA testing Market. The Immunology segment dominated the market in terms of revenue in 2016.

North America, Europe, Asia-Pacific, Latin America and Middle East & Africa are key regional segments of global Enzyme-Linked Immunosorbent Assay (ELISA) testing market. North America is anticipated to remain the leading region over the forecast period. Demand for ELISA technologies was highest in North America especially in the U.S. Asia Pacific is expected to be the fasted growing region in Enzyme-Linked Immunosorbent Assay (ELISA) testing market during the forecast period. Moreover, the Middle East and Africa and Latin America are also expected to show considerable growth for this market in the years to come.

Some of the key players in Enzyme-Linked Immunosorbent Assay (ELISA) testing market include Thermo Fisher Scientific. Inc., American Laboratory Products Company (ALPCO), BD Biosciences, Bio-Rad Laboratories, Inc., BioMérieux, Ortho-Clinical Diagnostics, Inc., R & D Systems Inc. and ZEUS Scientific, Inc. among others.

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Shawn Morgan is an accomplished digital marketing professional. He tracks the most recent patterns and happenings in the advanced showcasing scene, additionally offering his feeling on their effect on organizations. He has involvement in both B2C and B2B markets. His side interests incorporate perusing books and voyaging.

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